TORONTO AND SYDNEY, June 3, 2011 -
Equinox Minerals Limited (TSX: EQN) (ASX: EQN) ("Equinox" or "Company") announces that, following the satisfaction of all conditions to the offer by
Barrick Gold Corporation to acquire all of the common shares in Equinox at a price of C$8.15 per share by way of takeover bid, the below changes have been made to the Equinox Board of Directors ("Board") effective immediately.
Mr Craig Williams, Mr David McAusland, Mr David Mosher, Mr Jim Pantelidis and Mr Tony Reeves have resigned from the Board and Mr Rick McCreary, Mr Jamie Sokalsky, Mr Kelvin Dushnisky and Mr Rob Krcmarov have been appointed to the Board. Ms Jennifer Mazin has been appointed as the Assistant Company Secretary.
It has also been resolved that the number of Board members be reduced from seven directors to six directors.
President and CEO, Craig Williams: "complimented the board for its outstanding contribution, which along with the Company's dedicated management team have built Equinox into a leading global mining company. The Company that I co-founded with the late Dr Bruce Nisbet in 1993 has evolved from a $10 million junior explorer to a major copper miner valued at over $7 billion. A credit to all involved in driving Equinox over the last 18 years. I offer my sincere thanks to all who have worked with me over those exciting and stimulating years."
For further information:
| Investors and analysts | Media - Australia |
Craig R Williams
President and Chief Executive
Carl Hallion
VP Business Development
Len Eldridge
Head of Investor Relations
Phone:
Canada: +1 416 865 3393
Australia: +61 8 9322 3318
Email: equinox@equinoxminerals.com | Michael Vaughan / Andrew Stokes
FD
Phone +61 (0) 2 8298 6100
Email: michael.vaughan@fd.com
andrew.stokes@fd.com
Media - North America
John Lute
Lute and Company
Phone: +1 416 929 5883
Email: jlute@luteco.com
Media - Zambia
Nathan Chishimba
Lumwana Mining Company
Phone: +260 211 257 643
Email: nathan.chishimba@lumwanamine.com |
